FIRST TRUST ALT ABS RET ETF (FAAR) Stock Technical Analysis
USA - NASDAQ:FAAR - US33740Y1010 - ETF
29.855 USD
-0.36 (-1.18%)
We assign a technical rating of 6 out of 10 to FAAR. FAAR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: FAAR has an average volume of 13501 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, FAAR outperforms 61% of them, which is more or less in line with the market.
FAAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAAR is lagging the market.
In the last month FAAR has a been trading in a tight range between 29.74 and 31.06.
Volume is considerably higher in the last couple of days.
FAAR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.22
31.20
We found 2 important support areas.
- A support zone ranging from 29.46 to 29.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @28.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.28 to 30.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FAAR is neutral. |
| ChartMill Relative Strength | 61.03 | NEUTRAL | FAAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FAAR has a negative trend. |
| Stochastics (14,3) | 23.69 | NEUTRAL | The Stochastics value for FAAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 42.06 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:FAAR (10/2/2025, 8:00:02 PM)
29.855
-0.36 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.18%
1 Week-2.43%
2 Weeks-1.04%
1 Month-0.48%
3 Month7.43%
6 Month11.36%
12 Month7.42%
2 Year7.59%
3 Year-6.76%
5 Year13.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.08%
ATR Inc29.34%
Range Today0.28
ADR(20)0.23
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.03
Mansfield-0.54
10 Day High31.06
10 Day Low29.74
20 Day High31.06
20 Day Low29.74
52 Week High32.14
52 Week Low25.19
CS1 End29.78
CR1 Start30.28
Volume & EV
DER(3)0.3%
DER(5)-4.2%
Volume18.90K
Volume Incr45.61%
Vol(5)18.89K
Vol(50)13.50K